Investment

Members of a Georgian delegation have talked about Georgia’s investment climate as part of Georgia-China business forum in Siemen, China. Georgian delegation was led by Minister of Economy Giorgi Gakharia. Deputy Economy Ministers Nino Javakhadze and Giorgi Cherkezishvili delivered a speech at the business forum. Similar forums foster enhancement of …

Zhongmei Engineering Group Ltd, China’s major development company is interested in implementing investment projects in Georgia. The managers of Partnership Fund of Georgia discussed the details with the Chinese company representatives as part of their visit to China. At the meeting David Saganelidze updated the Chinese party on the Fund’s …

According to Giorgi Kvirikashvili, Prime Minister of Georgia, 100 million lari will be invested in the development of resort Tetnuldi. He stated about it at the presentation of mayoral candidates in Samegrelo-Zemo Svaneti region. ”We are doing everything to develop enterprise here. About 500 projects have been financed in micro …

Ministry of Finance and Economy of Ajara will implement new programs in order to strengthen investment process in Ajara. Promotion of attracting investments in the region will be financed by 2 165 600 GEL in 2018-2021. Ministry of Finance and Economy of Ajara informs: Investment current projects in New Boulevard …

Representative of Courtyard Marriott and Temur Chkonia signed a Memorandum of Cooperation in Kutaisi City Hall. According to the agreement, Temur Chkonia will build a 5 star, more than 100-rooms hotel, and management will be handed over to “Courtyard Marriott”. The hotel will be located on renewed David Aghmashenebeli Avenue, …

First Deputy Prime Minister, Minister of Finance Dimitri Kumsishvili had meeting with representatives of the British Investment Fund CapEthica Investment Fund (CIF). First Deputy Prime Minister Dimitri Kumsishvili reviewed the economic situation of Georgia at the meeting and discussed about the ongoing and planned economic reforms and decisions of the …

Fatema Z. Sumar, Regional Deputy Vice President for Europe, Asia, Pacific and Latin America in the Millennium Challenge Corporation’s Department of Compact Operations is visiting Georgia to participate in San Diego State University’s second Convocation ceremony. The Millennium Challenge Corporation (MCC) has a singular mandate to improve lives around the …

The demand for almonds is increasing all over the world every year. This lead Foreign investors to look for new locations to set up almond orchards. Georgia has an extraordinary opportunity to become a hot point for the almond production: the climate and the soil of the eastern Georgia makes …

Georgian Water and Power, Netherlands Development Bank (FMO) and German Investment and Development Society (DEG) signed a long-term funding agreement,today, on August 15. According to the agreement, the Georgian Water and Power will receive a $ 40 million equivalent in the national currency from FMO, while the DEG will issue …

The Prime Minister Giorgi Kvirikashvili visited the medical-recreational resort “Biol” together with Tarzisius Caviezel-the Mayor of Davos and opened a new conference hall. The Prime Minister talked about perspective development of the resort and thanked its founder Tamaz Mchedlidze for the development of alternative medicine base. “Tamaz Mchedlidze is a …

Web-platform will offer agriculture investors to search available lands from September. Agropark project get funded by Startup Georgia, worth of 38 000 GEL. According to project authors, agricultural land plots will be placed on website and offered to investors. Platform is for high segment who are willing to invest but …

Construction of Kobi-Gudauri Cable Car will be Completed Next Year. 7,5 km long cable road will be the longest in the region. According to the Prime Minister Giorgi Kvirikashvili, It will make Spetantsminda, Sno and the whole region a winter resort. The 7,5 km rope-way connecting Kobi-Gudauri to Kazbegi and …